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Until the 2009–2010 fiscal year, Ontario was the only province to have never received equalization payments; in 2009-2010 Ontario received 347 million dollars, [7] while Newfoundland, which has received payments since the program's creation, is now a so-called "have" province, and is now a net contributor and does not receive payments.
It was created in January 1991 when the Communauté régionale de l'Outaouais (Outaouais Regional Community) was split into Les Collines-de-l'Outaouais RCM and the Communauté urbaine de l'Outaouais (Outaouais Urban Community, now City of Gatineau).
As of 2021, Indigenous peoples comprised 4.4% of the population, and visible minorities contributed 1.1%. The largest visible minority groups in the RCM of Papineau are Black (0.4%), Chinese (0.1%), and Arab (0.1%). In 2021, 65.2% of the population identified as Catholic, while 26.1% said they had no religious affiliation.
The term regional county municipality or RCM (French: municipalité régionale de comté, pronounced [mynisipalite ʁeʒjɔnal də kɔ̃te], MRC) is used in Quebec, Canada to refer to one of 87 county-like political entities. [1] In some older English translations they were called county regional municipality.
A formal system of equalization payments was first introduced in 1957. [7] [ Notes 1]. The original program had the goal of giving each province the same per-capita revenue as the two wealthiest provinces, Ontario and British Columbia, in three tax bases: personal income taxes, corporate income taxes and succession duties (inheritance taxes).
In 2009–2010, six provinces received a total of CA$14.2 billion in equalization payments from the federal government. [2] Until the 2009-2010 fiscal year, Ontario was the only province to have never received equalization payments.
Shares of R1 RCM rose 9.2% to $14.06 in premarket trading. The Utah-based company provides services for billing and revenue collection to hospitals, physician groups and other healthcare ...
Currently Alberta and Ontario, the two provinces with the highest revenue raising ability, receive lower per capita CHT cash payments than the other provinces. However, beginning in 2014-15, the Canada Health Transfer allocation to provinces will be determined solely on an equal per capita cash basis and no longer include tax point transfers.